Scenarios

Unredeemed

Part of the project’s roadmap, we plan to purchase a remote and desolate property where we will then build a cellar (See Subtitle: Cellar), where we will be keeping all unredeemed wine-NFTs.

Redeemed

Simply keeping it with the rest of your wine collection and waiting for it to age or to enjoy the superb South African wine.

Reselling

Not redeeming the wine-NFT makes reselling simple, whether after a year, two or ten, the wine can age and the quality appreciate.

Redeem to Resell

Here, holders have 2 options; either sell directly on a marketplace, in which case, the seller and buyer does so at own risk, OR, holders and buyers can make use of our brokerage service where we will broker the deal between the two parties, by making use of our broker smart contract, and to authenticate the wine-NFT.

Decant

On our website, we have a burn page, where you will link your wallet and burn the NFT when you’ve taken an opportunity to open the bottle, BUT burning, in our tokenomics, won’t mean that you send the NFT to a key-less wallet.

As Wild5 is a dNFT project, making use of the Decanting function, the metadata will change the NFT’s state to Decanted, and will then change the background to a grey color.